Economy

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May 8, 2012

Increases in Retail Container Traffic Expected Through Back-to-School Season

Import cargo volume at the nation's major retail container ports will be flat in May compared with the same month last year, but is expected to see solid year-over-year increases through this summer and the back-to-school season, according to the monthly Global Port Tracke

May 3, 2012

FTR's Trucking Conditions Index Begins Steady Climb in March

FTR's Trucking Conditions Index for March improved to a reading of 6.4, a half point higher than the previous month, according to the May 2012 Trucking Update. FTR forecasts the index to continue a steady climb throughout 2012, reaching a double-digit positive reading by early 2013.

May 3, 2012

Commercial Vehicle Orders Soft in April

Orders for Class 6 through 8 trucks dropped from March to April

May 1, 2012

Containerized Exports Rebound in March

Driven by a surge in furniture and auto parts shipments to the U.S., containerized imports in March rose 7.3% over 2011. This increase to 1.37 million 20-foot-equivalent units came on the heels of a 5.9% decline in February

May 1, 2012

Feb. Surface Trade with Canada and Mexico Rose 17.4% Year-Over-Year

Trade using surface transportation between the U.S. and its North American neighbors, Canada and Mexico, was 17.4% higher in February 2012 than in February 2011, totaling $78.1 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation

April 26, 2012

Pricing for Used Class 8 Slips Again in March

March saw Class 8 used-truck pricing slip for the second consecutive month

April 25, 2012

March Net Orders Signal Healthy Trailer Industry

Net orders for trailers fell 11% month-over-month in March, but for the quarter, were almost identical to orders in the first quarter of 2011, according to State of the Industry: U.S. Trailers published by ACT Research Co

April 24, 2012

Truck Tonnage Inches up in March

Don't expect the rate of growth this year to mirror the last couple of years, said American Trucking Associations' Chief Economist Bob Costello, referring to the 5.8% growth in both 2010 and 2011

April 20, 2012

Truck Makers Report Choppy Order Volume in First Quarter

Demand for Class 8 trucks "has hit a soft patch," but at least one industry analyst expects that to be temporary. March Class 8 new and net orders of 22,038 and 20,025 units, respectively, were the lowest order volume since last July, reports ACT Research Co

April 18, 2012

Shippers Conditions Index Tumbles in February

FTR Associates' Shippers Conditions Index for February dropped by a full point from the previous month to a reading of -5.6, spelling good news for tracking as demand for trucking services grew strongly in what is normally a slack month

April 17, 2012

Spot Market Freight Availability and Rates Up in March

Freight availability and rates on the spot market increased month-over-month and declined slightly year-over-year, according to TransCore's DAT North American Freight index. The index rose 40% from February to March but was down 6.1% compared to March 201

April 11, 2012

Freight Shipments up 0.5% in February

The amount of freight carried by the for-hire transportation industry rose 0.5% in February from January, rising after a one-month decline, according to the Bureau of Transportation Statistics' Freight Transportation Services Index

April 11, 2012

Fourth-Quarter Driver Turnover Makes Surprise Drop

After a year of quarterly increases, the turnover rate for truck drivers at large truckload fleets unexpectedly dipped one percentage point to an annualized rate of 88%, according to American Trucking AssociationsChief Economist Bob Costello

April 10, 2012

Retail Container Traffic Predicted to Increase 3.2% in April

Import cargo volume at the nation's major retail container ports is expected to increase 3.2% in April compared with the same month last year. Year-over-year gains should continue through the end of summer, according to the monthly Global Port Tracker

April 10, 2012

Sluggish Growth in Freight Volumes; Rates Remain Flat

Freight shipment volumes continued their sluggish pace upward in March, increasing 2.1% from February, according to the Cass Freight Index. Freight spending, meanwhile, increased 1%. This is the second month in a row that shipment growth exceeded cost growth, signifying that rates have remained relatively flat.

April 6, 2012

2011 Driver Numbers, Wages Increase; March 2012 Sees Drop in Drivers

The number of heavy-duty truck drivers in 2011 rose 2.8% to 1.51 million from 1.46 million in 2010. It's the first yearly increase in the number of heavy truck drivers since 2008, when the number was 1.67 million, according to the Bureau of Labor Statistics.

April 5, 2012

Higher Rates on Spot Market Affect Broker Use

Carriers are continuing to move away from the use of brokers, although not as much as in 2011, according to Transport Capital Partners

April 4, 2012

Jefferies: Mild Weather Offsets Mild Freight Volumes, Driver Shortage Ups Pay in 1Q

Strong productivity from an unseasonably warm winter should generally offset moderating year-over-year volume growth, the transportation analysts at Jefferies and Company say in their 1Q preview

April 4, 2012

FTR: Preliminary Class 8 Orders for March 11% Below February

March Class 8 truck orders were 11% below February, according to FTR Associates' preliminary data, and below the trucking forecasting firm's expectations. One explanation could be higher fuel prices

April 3, 2012

ACT Research: Class 8 Preliminary Net Orders Soft in March

The final numbers for March net orders, which will be released mid-April, will approach 20,000 units for heavy-duty Class 8 trucks and 13,500 for medium-duty Classes 5-7 vehicles, reports ACT Research

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